Aarti Industries is on a downward trend and is respecting the trendline. We are also seeing a small cup and handle pattern as well where on breakout we can expect a movement till 651. In any case once it breaks the trendline, we can expect the price till 745- 800, with no resistance. Expected price movement 651-745-800. Other parameters:
1. MACD - slowly getting positive
2. RSI - will slowly pick-up once the trend-line break out happens
3. Fibonacci retracement done - moving above from 0.618 levels
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!